secwatch.observer — SEC 8-K summary
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Issuer:     ODYSSEY MARINE EXPLORATION INC (OMEX)
CIK:        0000798528
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001193125-24-251249
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Odyssey Marine receives Nasdaq non-compliance notices for market value and bid price
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- Nasdaq notified market value of listed securities fell below $35M minimum; 180-day cure ends April 28, 2025.
- Nasdaq also notified minimum bid price fell below $1.00 per share; cure period ends May 5, 2025.
- To regain compliance, OMEX must show market value >= $35M for 10 consecutive business days.
- To regain bid-price compliance, OMEX must show closing bid >= $1.00 for 10 consecutive business days.
- Notices have no immediate effect on Nasdaq Capital Market listing; delisting possible if not cured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798528/000119312524251249/0001193125-24-251249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798528/000119312524251249/d863051d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-251249

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